Nicknamed the Great White North, the Dominion of Canada shares its busy and extensive southern land border with its largest trading partner--the United States of America. Canada shipped US$450.7 billion worth of goods around the globe in 2018. That dollar figure represents a -5.1% decline since 2014 but a 7.1% year-over-year increase from 2017 to 2018. From a continental … [Read more...] about Canada’s Top Trading Partners
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United Kingdom’s Top Trading Partners
Comprised of England, Northern Ireland, Scotland and Wales, the United Kingdom is a sovereign state situated across from continental Europe’s north-western coast. The United Kingdom shipped US$487.1 billion worth of products around the globe in 2018 according to the latest statistics from the International Trade Centre. That dollar amount represents a -4.7% decline since 2014 … [Read more...] about United Kingdom’s Top Trading Partners
China’s Top Trading Partners
The world’s largest exporter by value, China shipped US$2.294 trillion worth of products around the globe in 2018 according to the latest statistics reported by the International Trade Centre. That dollar amount results from a 6.5% gain since 2014 and a 10.2% increase from 2017 to 2018. Applying a continental lens, about half (47.8%) of Chinese exports by value were delivered … [Read more...] about China’s Top Trading Partners
Russia’s Top Trading Partners
Russia shipped US$449.3 billion worth of products around the globe in 2018. That figure represents roughly 2.6% of overall global exports estimated at $17.546 trillion one year earlier. Officially named the Russian Federation, Russia is the world’s largest country in terms of geographic area. It shares land or maritime borders with 16 other European or Asian … [Read more...] about Russia’s Top Trading Partners
Australia’s Top Trading Partners
Nicknamed the Land Down Under, Australia is an island economy that strongly benefits from its close proximity to the vast markets of China and Japan which together represent about 40% of all Australian export sales. During 2015, Australia signed the China-Australia Free Trade Agreement (FTA), which opened tariff-free markets for agricultural, natural resources, energy and … [Read more...] about Australia’s Top Trading Partners